igr's to fly licence

With news/facts like these in the offering, one would expect IGR and other Au. miners to fly. A trillion dollars will buy about 20,000 tonnes of Au. There is said to be only 165,000 tonnes of the stuff in stock.

Gold-Buying Central Bankers May Extend Record Rally
By Pham-Duy Nguyen - Apr 29, 2011 7:00 AM GMT+0300

http://www.bloomberg.com/news/2011-04-29/gold-buying-central-banks-may-signal-bullion-extending-record-price-rally.html

?China is out to have more gold than America, and Russia is aspiring to the same,? McEwen said yesterday in an interview in New York. ?When you have debt, you don?t have a lot of flexibility. China wants to show its currency has more backing than the U.S.?

China, which has just 1.6 percent of its reserves in gold, may invest more than $1 trillion in bullion, Pento said. ?China wants to be an international player, and they need to own more gold than they currently have.?